Kevin Costner’s ‘Horizon 2’ no longer has a release date after ‘One’ was a huge box office flop

nypost.com:

Costner’s ambitious new Western that hit theaters last month and flopped big-time at the box office, has been scrapped from the August schedule.

The followup, which the former “Yellowstone” star wrote, directed and appears in, is now undated.“Chapter Two” was supposed to come out August 16, just weeks after the first part, but critics loathed “Chapter One,” a Civil War-era epic that had a splashy premiere at the Cannes Film Festival.In a one-star review, The Post called the $100 million flick, which Costner spent some $38 million of his own money to make, “an embarrassing, poorly told mess.”The review went on: “I could not fathom committing another 540 minutes of my time to this bloated ego trip.”Audiences have not been much more generous.

In its first two weeks, “Horizon” has only grossed $23 million.The series is distributed by Warner Bros’ New Line Cinema.“Territory Pictures and New Line Cinema have decided not to release ‘Horizon: Chapter 2’ on August 16 in order to give audiences a greater opportunity to discover the first installment of ‘Horizon’ over the coming weeks, including on PVOD and Max,” a New Line spokesperson told Variety. “We thank our exhibition partners for their continued support as moviegoers across the U.S.

discover the film in its theatrical run.”“Chapter Three” is currently in production. And Costner is reportedly scheduled to fork up $100 million of his own cash to fund the pricey passion project..